Florida Senate - 2015                       CS for CS for SB 736
       
       
        
       By the Committees on Judiciary; and Regulated Industries; and
       Senators Stargel and Detert
       
       
       
       
       590-03668-15                                           2015736c2
    1                        A bill to be entitled                      
    2         An act relating to residential properties; amending
    3         ss. 718.116, 719.108, and 720.30851, F.S.; revising
    4         requirements relating to the issuance of an estoppel
    5         certificate to specified persons; requiring that an
    6         estoppel certificate contain certain information;
    7         providing an effective period for a certificate based
    8         upon the date of issuance and form of delivery;
    9         providing that the association waives a specified
   10         claim against a person or such person’s successors or
   11         assigns who rely on the certificate in good faith;
   12         authorizing a summary proceeding to be brought to
   13         compel an association to prepare or deliver an
   14         estoppel certificate; specifying the maximum amounts
   15         an association may charge for an estoppel certificate;
   16         providing that the authority to charge a fee for the
   17         estoppel certificate must be established by a
   18         specified written resolution or provided by a written
   19         management, bookkeeping, or maintenance contract;
   20         deleting obsolete provisions; conforming provisions to
   21         changes made by the act; providing an effective date.
   22          
   23  Be It Enacted by the Legislature of the State of Florida:
   24  
   25         Section 1. Subsection (8) of section 718.116, Florida
   26  Statutes, is amended to read:
   27         718.116 Assessments; liability; lien and priority;
   28  interest; collection.—
   29         (8) An association shall issue an estoppel certificate to a
   30  unit owner or the unit owner’s designee or a unit mortgagee or
   31  the unit mortgagee’s designee within 10 business 15 days after
   32  receiving a written or electronic request for the certificate.
   33  The estoppel certificate must be delivered by mail, by hand
   34  delivery, or by electronic means to the requester on the date of
   35  issuance.
   36         (a) The estoppel certificate must contain all of the
   37  following:
   38         1. The date of issuance.
   39         2.The amount of all assessments and other moneys owed to
   40  the association by the unit owner for a specific unit on the
   41  date of issuance. This amount is limited to amounts authorized
   42  by statute to be recorded in the official records of the
   43  association under s. 718.111(12).
   44         3.The amount of any additional assessments and other
   45  moneys that are scheduled to become due for each day after the
   46  date of issuance for the 30-day or 35-day effective period of
   47  the estoppel certificate. This amount is limited to amounts
   48  authorized by statute to be recorded in the official records of
   49  the association under s. 718.111(12). In calculating the amounts
   50  that are scheduled to become due, the association may assume
   51  that any delinquent amounts will remain delinquent during the
   52  effective period of the estoppel certificate.
   53         4. The amount of any fee charged by the association for
   54  preparing and delivering the estoppel certificate. This fee is
   55  in addition to any other amounts on the estoppel certificate.
   56         5.The signature of an officer or agent of the association.
   57         (b)An estoppel certificate that is delivered on the date
   58  of issuance has a 30-day effective period. An estoppel
   59  certificate that is mailed to the requester has a 35-day
   60  effective period.
   61         (c) An association waives the right to collect any moneys
   62  owed in excess of the amounts specified in the estoppel
   63  certificate from any person who in good faith relies upon the
   64  estoppel certificate and from the person’s successors and
   65  assigns. therefor from a unit owner or his or her designee, or a
   66  unit mortgagee or his or her designee, the association shall
   67  provide a certificate signed by an officer or agent of the
   68  association stating all assessments and other moneys owed to the
   69  association by the unit owner with respect to the condominium
   70  parcel.
   71         (a) Any person other than the owner who relies upon such
   72  certificate shall be protected thereby.
   73         (d)(b) A summary proceeding pursuant to s. 51.011 may be
   74  brought to compel compliance with this subsection, and in any
   75  such action the prevailing party is entitled to recover
   76  reasonable attorney attorney’s fees.
   77         (e)1.(c) Notwithstanding any limitation on transfer fees
   78  contained in s. 718.112(2)(i), an the association or its
   79  authorized agent may charge a reasonable fee, which may not
   80  exceed its reasonable costs to prepare and deliver for the
   81  preparation of the estoppel certificate. However, the fee for
   82  the estoppel certificate may not exceed $250 if on the date the
   83  certificate is issued, no delinquent amounts are owed to the
   84  association for the applicable unit. If an estoppel certificate
   85  is requested on an expedited basis and delivered within 3
   86  business days after the request, the association may charge
   87  additional fee of $100. If delinquent amounts are owed to the
   88  association for the applicable unit, an additional fee for the
   89  estoppel certificate may not exceed $100. The association may
   90  not charge a fee for an estoppel certificate that is issued more
   91  than 10 business days after it receives the request for the
   92  certificate. The amount of the fee must be included on the
   93  certificate.
   94         2. If the estoppel certificate is requested in conjunction
   95  with the sale or refinancing of a unit, the fee for the
   96  certificate shall be paid to the association from the closing or
   97  settlement proceeds. If the closing does not occur within 60
   98  days after the issuance of the estoppel certificate, the fee for
   99  the certificate is the obligation of the unit owner, and the
  100  association may collect the fee in the same manner as an
  101  assessment against the unit. An association may not require the
  102  payment of any other fees as a condition for the preparation or
  103  delivery of an estoppel certificate.
  104         (f)(d) The authority to charge a fee for the estoppel
  105  certificate must shall be established by a written resolution
  106  adopted by the board or provided by a written management,
  107  bookkeeping, or maintenance contract and is payable upon the
  108  preparation of the certificate. If the certificate is requested
  109  in conjunction with the sale or mortgage of a unit but the
  110  closing does not occur and no later than 30 days after the
  111  closing date for which the certificate was sought the preparer
  112  receives a written request, accompanied by reasonable
  113  documentation, that the sale did not occur from a payor that is
  114  not the unit owner, the fee shall be refunded to that payor
  115  within 30 days after receipt of the request. The refund is the
  116  obligation of the unit owner, and the association may collect it
  117  from that owner in the same manner as an assessment as provided
  118  in this section.
  119         Section 2. Subsection (6) of section 719.108, Florida
  120  Statutes, is amended to read:
  121         719.108 Rents and assessments; liability; lien and
  122  priority; interest; collection; cooperative ownership.—
  123         (6) An association shall issue an estoppel certificate to a
  124  unit owner or the unit owner’s designee or a unit mortgagee or
  125  the unit mortgagee’s designee within 10 business 15 days after
  126  receiving a written or electronic request for the certificate.
  127  The estoppel certificate must be delivered by mail, by hand
  128  delivery, or by electronic means to the requester on the date of
  129  issuance.
  130         (a) The estoppel certificate must contain all of the
  131  following:
  132         1. The date of issuance.
  133         2. The amount of all assessments and other moneys owed to
  134  the association by the unit owner for a specific unit on the
  135  date of issuance. This amount is limited to the amounts
  136  authorized to be recorded in the official records of the
  137  association under s. 719.104(2).
  138         3. The amount of any additional assessments and other
  139  moneys that are scheduled to become due for each day after the
  140  date of issuance for the 30-day or 35-day effective period of
  141  the estoppel certificate. This amount is limited to the amounts
  142  authorized to be recorded in the official records of the
  143  association under s. 719.104(2). In calculating the amounts that
  144  are scheduled to become due, the association may assume that any
  145  delinquent amounts will remain delinquent during the effective
  146  period of the estoppel certificate.
  147         4. The amount of any fee charged by the association for
  148  preparing and delivering the estoppel certificate. This fee is
  149  in addition to any other amounts on the estoppel certificate.
  150         5. The signature of an officer or agent of the association.
  151         (b) An estoppel certificate that is delivered on the date
  152  of issuance has a 30-day effective period. An estoppel
  153  certificate that is mailed to the requester has a 35-day
  154  effective period.
  155         (c) An association waives the right to collect any moneys
  156  owed in excess of the amounts specified in the estoppel
  157  certificate from any person who in good faith relies upon the
  158  estoppel certificate and from that person’s successors and
  159  assigns.
  160         (d) A summary proceeding pursuant to s. 51.011 may be
  161  brought to compel compliance with this subsection, and in any
  162  such action the prevailing party is entitled to recover
  163  reasonable attorney fees. by a unit owner or mortgagee, the
  164  association shall provide a certificate stating all assessments
  165  and other moneys owed to the association by the unit owner with
  166  respect to the cooperative parcel. Any person other than the
  167  unit owner who relies upon such certificate shall be protected
  168  thereby.
  169         (e)1. Notwithstanding any limitation on transfer fees
  170  contained in s. 719.106(1)(i), an the association or its
  171  authorized agent may charge a reasonable fee, which may not
  172  exceed its reasonable costs to prepare and deliver for the
  173  preparation of the estoppel certificate. However, the fee for
  174  the estoppel certificate may not exceed $250 if on the date the
  175  certificate is issued, no delinquent amounts are owed to the
  176  association for the applicable unit. If an estoppel certificate
  177  is requested on an expedited basis and delivered within 3
  178  business days after the request, the association may charge an
  179  additional fee of $100. If delinquent amounts are owed to the
  180  association for the applicable unit, an additional fee for the
  181  estoppel certificate may not exceed $100. The association may
  182  not charge a fee for an estoppel certificate that is issued more
  183  than 10 business days after it receives a request for the
  184  certificate.
  185         2. If the estoppel certificate is requested in conjunction
  186  with the sale or refinancing of a unit, the fee for the
  187  certificate shall be paid to the association from the closing or
  188  settlement proceeds. If the closing does not occur within 60
  189  days after the issuance of the estoppel certificate, the fee for
  190  the certificate is the obligation of the unit owner, and the
  191  association may collect the fee in the same manner as an
  192  assessment against the unit. An association may not require the
  193  payment of any other fees as a condition for the preparation or
  194  delivery of an estoppel certificate.
  195         (f) The authority to charge a fee for the estoppel
  196  certificate must be established by a written resolution adopted
  197  by the board or provided by a written management, bookkeeping,
  198  or maintenance contract.
  199         Section 3. Section 720.30851, Florida Statutes, is amended
  200  to read:
  201         720.30851 Estoppel certificates.—An association shall issue
  202  an estoppel certificate to a parcel owner or the parcel owner’s
  203  designee or a mortgagee or the mortgagee’s designee within 10
  204  business 15 days after receiving a written or electronic request
  205  for the certificate. The estoppel certificate must be delivered
  206  by mail, by hand delivery, or by electronic means to the
  207  requester on the date of issuance.
  208         (1) The estoppel certificate must contain all of the
  209  following:
  210         (a) The date of issuance.
  211         (b) The amount of all assessments and other moneys owed to
  212  the association by the parcel owner for a specific parcel as
  213  recorded on the date of issuance. This amount is limited to
  214  amounts authorized by statute to be recorded in the official
  215  records of the association under s. 720.303(4).
  216         (c) The amount of any additional assessments and other
  217  moneys that are scheduled to become due for each day after the
  218  date of issuance for the 30-day or 35-day effective period of
  219  the estoppel certificate. This amount is limited to amounts
  220  authorized by statute to be recorded in the official records of
  221  the association under s. 720.303(4). In calculating the amounts
  222  that are scheduled to become due, the association may assume
  223  that any delinquent amounts will remain delinquent during the
  224  effective period of the estoppel certificate.
  225         (d) The amount of any fee charged by the association for
  226  preparing and delivering the estoppel certificate. This fee is
  227  in addition to any other amounts on the certificate.
  228         (e) The signature of an officer or agent of the
  229  association.
  230         (2) An estoppel certificate that is delivered on the date
  231  of issuance has a 30-day effective period. An estoppel
  232  certificate that is mailed to the requester has a 35-day
  233  effective period.
  234         (3) An association waives the right to collect any moneys
  235  owed in excess of the amounts specified in the estoppel
  236  certificate from any person who in good faith relies upon the
  237  estoppel certificate and from that person’s successors and
  238  assigns. the date on which a request for an estoppel certificate
  239  is received from a parcel owner or mortgagee, or his or her
  240  designee, the association shall provide a certificate signed by
  241  an officer or authorized agent of the association stating all
  242  assessments and other moneys owed to the association by the
  243  parcel owner or mortgagee with respect to the parcel. An
  244  association may charge a fee for the preparation of such
  245  certificate, and the amount of such fee must be stated on the
  246  certificate.
  247         (1) Any person other than a parcel owner who relies upon a
  248  certificate receives the benefits and protection thereof.
  249         (4)(2) A summary proceeding pursuant to s. 51.011 may be
  250  brought to compel compliance with this section, and the
  251  prevailing party is entitled to recover reasonable attorney
  252  attorney’s fees.
  253         (5)(a) An association or its agent may charge a fee, which
  254  may not exceed its reasonable costs to prepare and deliver the
  255  estoppel certificate. However, the fee for the estoppel
  256  certificate may not exceed $250 if on the date the certificate
  257  is issued, no delinquent amounts are owed to the association for
  258  the applicable parcel. If an estoppel certificate is requested
  259  on an expedited basis and delivered within 3 business days after
  260  the request, the association may charge an additional fee of
  261  $100. If delinquent amounts are owed to the association for the
  262  applicable parcel, and additional fee for the certificate may
  263  not exceed $100. The association may not charge a fee for an
  264  estoppel certificate that is issued more than 10 business days
  265  after it receives the request for the certificate.
  266         (b) If the estoppel certificate is requested in conjunction
  267  with the sale or refinancing of a parcel, the fee for the
  268  certificate shall be paid to the association from the closing or
  269  settlement proceeds. If the closing does not occur within 60
  270  days after the issuance of the estoppel certificate, the fee for
  271  the certificate is the obligation of the parcel owner, and the
  272  association may collect the fee in the same manner as an
  273  assessment against the parcel. An association may not require
  274  the payment of any other fees as a condition for the preparation
  275  or delivery of an estoppel certificate.
  276         (6)(3) The authority to charge a fee for the estoppel
  277  certificate must shall be established by a written resolution
  278  adopted by the board or provided by a written management,
  279  bookkeeping, or maintenance contract and is payable upon the
  280  preparation of the certificate. If the certificate is requested
  281  in conjunction with the sale or mortgage of a parcel but the
  282  closing does not occur and no later than 30 days after the
  283  closing date for which the certificate was sought the preparer
  284  receives a written request, accompanied by reasonable
  285  documentation, that the sale did not occur from a payor that is
  286  not the parcel owner, the fee shall be refunded to that payor
  287  within 30 days after receipt of the request. The refund is the
  288  obligation of the parcel owner, and the association may collect
  289  it from that owner in the same manner as an assessment as
  290  provided in this section.
  291         Section 4. This act shall take effect July 1, 2015.